Ethereum Foundation grants over $2M to Eth2.0 client developers and researchers

Ethereum • August 26, 2019, 10:31AM EDT

UPDATED: August 26, 2019, 10:39AM EDT

The Ethereum Foundation has unveiled a new round of funding for the development of Serenity or ETH2.0, which will bring Proof-of-Stake, sharding, and other scaling solutions to Ethereum. According to a blog post from the foundation, in recent months, it, along with Protocol Labs and ConsenSys, has "granted substantial awards to leading client development teams currently tasked with delivering long-standing multi-client testnets as development approaches the launch of Phase 0." The grant recipients are as follows:

Source: Ethereum Foundation, The Block

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi